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Chapter 4 : ERP Implementation Methodologies and Strategies

MD61 Createforecast401ME59 NConvert topurchase orderMIGOPost goodsreceipts405 MIROPost invoice406F-53 Post payment407CO41 Mass releaseproduction order410CO15 Con rmproduction411VL01 NCreate delivery413VF01 Create billing414 IndependentrequirementPurchaseorderGoods receiptProductionorderDeliveryCash Acc. CRDB CRAcc. Rec. RevenuesDB CRDB CRInventory Finished change productDB CRDB CRDB CRDB CRCons. Raw raw materialRaw mat GR/IRDB CRDB CR GR/IR Acc. CRDB CRAcc. Pay. CashDB CRDB CRFinished outputDB CRDB CRDomesticsale revenuesRaw materialconsumptionInventory changesold productFactory outputproductionInvestmentsInvestments CashDB CRDB CRMD07 Releaseproduction order409305MD01 Execute MRPMD61 Createforecast401ME59 NConvert topurchase orderMIGOPost goodsreceipts405 MIROPost invoice406F-53 Post payment407CO41 Mass releaseproduction order410CO15 Con rmproduction411VL01 NCreate delivery413VF01 Create billing414 IndependentrequirementPurchaseorderGoods receiptProductionorderDeliveryCash Acc.

for implementing the ERP solution. The duration of the project and payback periods is important to determine the expected return on investment (ROI). According to the 2011 Panorama report, the majority of implementations will “pay back” in less than three years. They also show that the average implemen-

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